XRP News Today: XRP Clears Major Resistance Levels, Eyes 60% Surge

XRP has reached a significant milestone in its price trajectory. Crypto analyst STEPH IS CRYPTO announced on X that XRP has "completely cleared liquidation clusters," indicating the removal of a major obstacle that has previously impeded upward momentum. With these resistance levels now cleared, analysts anticipate an aggressive rally, suggesting that the potential for price increases is substantial.

Liquidation clusters are areas where a large number of leveraged positions, particularly short positions, are forced to close. These zones typically act as resistance levels, where price surges trigger a wave of liquidations that temporarily cap momentum. XRP clearing these clusters means that the sell pressure from these forced closures has been absorbed, leaving little resistance ahead.

According to STEPH IS CRYPTO, this development opens the door for XRP to push past $3 with conviction. Market analysts concur: now that these clusters are behind, XRP is primed to move freely and potentially accelerate toward new highs.

As of the latest report, XRP is trading around $2.98, with intraday highs touching the $3.00 mark. This follows weeks of building bullish momentum and increasing trade volume, suggesting growing institutional interest. Analysts are closely monitoring the $3.04 to $3.14 zone. A strong break and hold above this range could ignite a short squeeze, where short sellers rapidly buy back positions, fueling a fast climb to $3.40 and potentially higher.

Technical forecasters like Peter Brandt have already predicted a 60% surge for XRP, placing a mid-term target in the $4–$5 range, provided momentum continues and macro conditions remain favorable.

Several factors beyond price charts are reinforcing XRP’s bullish setup. Anticipation for a U.S.-based XRP futures ETF is driving fresh interest, as such a product would open the asset to broader institutional flows. Meanwhile, Ripple continues to expand globally, securing licensing wins and forming strategic partnerships in Europe and the Middle East.

Additionally, the recent resolution of key legal matters with the SEC, while still open to final appeals, has significantly reduced regulatory uncertainty. Ripple’s push for a U.S. banking charter is also seen as a move to cement its legitimacy in traditional finance, potentially boosting XRP adoption across compliant platforms.

Now that liquidation clusters are cleared, all eyes are on XRP’s ability to break and sustain above $3. If successful, momentum could push the price toward $3.40, $3.75, and even challenge its all-time high in the weeks ahead. However, if bulls fail to hold above $2.95, a short-term correction to $2.80 or even $2.60 remains possible.

In the bigger picture, XRP appears to be entering a new phase. With major resistance levels behind it, institutional interest rising, and market sentiment improving, the digital asset may be on the verge of its most significant rally in years. For now, XRP holders have reason to be optimistic. As STEPH IS CRYPTO put it: “The sky is the limit now.”